Amber Group Dubai Subsidiary Receives In-Principle Approval for Dubai Virtual Asset Service Provider License
Article is form followin
September 20, 2024
This article is translated by ChatGPT Show original
Amber Group Receives Principle Approval for VASP License in Dubai
According to ZAWYA, Amber Group, a digital asset company, has received principle approval for a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA) for its Dubai subsidiary, Amber Premium FZE, which was established in partnership with enterprise services and consulting firm NH Management.
This preliminary approval allows Amber Premium FZE to offer a wide range of virtual asset services within the UAE's regulatory framework, including brokerage activities, lending solutions, and management and investment services.
Source
1. Disclaimer: The views expressed are solely those of the author and do not reflect the stance of Gen3. They are not intended as investment advice.
2. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as investment or other advice.